Climate change is coming for your household budget.
"#ClimateChange is expected to impose “substantial financial costs” on #US households in the coming years, according to a new report by the U.S. Department of the Treasury."
And it has already started:
"Within the last year, 13% of Americans reported economic hardship due to #SevereWeather events and disasters."
Out of those Americans, about 31 percent said their finances were “somewhat” strained due to extra #EnergyCosts this summer and 23 percent said they were “significantly” strained. "
“Only 43 percent of U.S. adults able to pay for a $1,000 emergency expense from their savings.”
Stunning set of charts showing why this year is breaking multiple temperature records:
Visualizing a summer of extremes in 7 charts
The past four months of 2023 have shattered all prior records by a truly staggering margin
Global surface temperatures have dramatically spiked since the start of June, with the past four months (June-September) breaking prior monthly records by a large margin.
This extreme global heat has made it virtually certain that 2023 will rank as the warmest year on record, and means that there is a chance it will emerge as the first year exceeding 1.5C above preindustrial levels – at least in some datasets.
"In the 1980s, a disaster causing at least $1 billion in damage hit the U.S. about every three months; now they happen about every three weeks.
Most of this year’s events involved #SevereWeather.
One major type of disaster that is missing from any year in NOAA’s tracking is #ExtremeHeat. Another missing phenomenon is #WildfireSmoke."
Climate action is not expensive.
Doing nothing is expensive.
@cynblogger The monopolies are going to take advantage of #disastercapitalism as you note. Lara says fiscalizing #climate#modeling was the cost of keeping the well #capitalized companies in the state, retaining some competition, and avoid burdening the state as the insurer of last resort. The alternative was more #flybynight companies like the one that collapsed after #Paradise. He says the state will validate the models.
The market and courts have begun to price in #fire; shortly #floods and #extremeheat will push the market toward better actuarial models. Foster city raised their #levees, San Mateo is going to bond to do levees and #BiggerPipe engineering. But can you fit an atmospheric river in a pipe? Some cities are already taking about the street at the pipe, an option not available to Sacramento! There’s an opportunity to continue advocating with the insurance commissioner since actuarial science is a lousy route to #keepitintheground and #ManagedRetreat.
"Researchers found that a high exposure to #ExtremeHeat through the duration of the #pregnancy or in the #ThirdTrimester was associated with a 27 percent increase in these risks [of severe maternal morbidity]. Exposure to a heat wave during the last gestational week was also associated with an increased risk of life-threatening delivery complications.
[The study found that] people with lower education levels had higher heat-related risk of severe maternal morbidity."
https://persagen.com >> search:
chevron
chevron AND donziger
chevron AND barrett
exxon OR exxonmobil
"shell plc" OR "shell USA" OR "shell canada" OR "royal dutch shell" OR "shell oil"
"bp plc"
"american petroleum institute"
Imaginea healthcare system designed with the #ClimateEmergency in mind:
“What I would like to see long term is a world and a healthcare system in which we look at climate change and climate-related hazards as influencers of health and have intervention that we can deploy to keep people safe or to help them keep themselves safe,” says Dr. Caleb Dresser, director of healthcare solutions at C-CHANGE.
"#Drought and #ExtremeHeat waves have halved Spanish #OliveOil production. The price at origin has increased by 112 per cent since last year, but farmers like Jesús Anchuelo of the Small Farmers Union say they're losing money. "